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in the united states, you know that. but through the american dance theater, of course other companies that i see, but of course i kconcentrate on others. michael mcbribe or curbin boyt and then you see generations of dancers and grandparents. you see people still being dragg dragged. danc dance is inspired and up lifted. we're doing that and we're celebrating 50 years of revelations and 52 years of the american dance theater and this celebration of american dance is incorporating everything we believe that dance should do. it should up lift, entertain and educate and you should know who you are. >> anyone who has gone to alvin ali feels these things. when they get a chance to see what takes place on tuesday at the white house they will be inspired to check this out this fall and winter as it makes its way across the country. >> good to see you congratulations and now even more people will know about your contributions to this performing art. >> thank you so much. fredricka thank you. >> all the best thank you so much. t
in the united states, you know that. but through the american dance theater, of course other companies that i see, but of course i kconcentrate on others. michael mcbribe or curbin boyt and then you see generations of dancers and grandparents. you see people still being dragg dragged. danc dance is inspired and up lifted. we're doing that and we're celebrating 50 years of revelations and 52 years of the american dance theater and this celebration of american dance is incorporating everything we...
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Jul 19, 2009
07/09
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CNN
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how do you get them aspiring to be the president of the united states? >> i do a lot of work in the inner city communities. and a lot of times, especially the young individuals that i come in contact with, what they'll say is i've never seen a financial adviser before. i didn't know -- >> you and i were out in harlem a couple of months ago at a community event. people were really wanting, parents with kid, wanting them to get a good education but we weren't talking about being the president of the united states but how to afford to get their kids to school. >> right. these are real concerns that these people in the inner city have. i really love the fact that barack obama talked about that village mentality, that community mentality, because it's up to all of us to reach out to other individuals and start making sure that those students are seeing more than just those people on the corners, seeing more than just basketball players and people on the corners doing rap -- rappers and all the raps and flows and things of that nature, to say we can be an engi
how do you get them aspiring to be the president of the united states? >> i do a lot of work in the inner city communities. and a lot of times, especially the young individuals that i come in contact with, what they'll say is i've never seen a financial adviser before. i didn't know -- >> you and i were out in harlem a couple of months ago at a community event. people were really wanting, parents with kid, wanting them to get a good education but we weren't talking about being the...
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Jan 29, 2011
01/11
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CNN
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mubarak and egypt under mubarak have been a good ally of the united states. they've maintained peace with israel, maintained a peaceful border. they've been very good in terms of maintaining a coalition against iran. they have fought hezbollah. they have tried to deal with hamas in a way that would help the middle eastern peace process. so in many, many ways, egypt under mubarak has been very, very helpful to the united states. >> i just have a hard time thinking that the islamic brotherhood will be satisfied with anything it heard today from mubarak. why would any of that organic energy in the street now step back? why will it not just redouble its effort and say this guy will not leave and we have to go forward? >> i think that's exactly right. that must be the way the opposition is looking at this. the muslim brotherhood. but, remember, there are other opposition movements as well. many of them small and fragmented. but i somehow don't think even if they go back home, that the genie can be put back in the bottle. >> all right, fareed zakaria, thanks, as al
mubarak and egypt under mubarak have been a good ally of the united states. they've maintained peace with israel, maintained a peaceful border. they've been very good in terms of maintaining a coalition against iran. they have fought hezbollah. they have tried to deal with hamas in a way that would help the middle eastern peace process. so in many, many ways, egypt under mubarak has been very, very helpful to the united states. >> i just have a hard time thinking that the islamic...
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May 17, 2012
05/12
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a record for a tech company and the third largest ipo in the united states. allis allis allison kosik. >> not coming as a huge surprise. facebook had priced range of the shares between $28 and $35. this year, facebook went ahead and told the s.e.c., we are going to put that price range between $34 and $38. today, on the eve of when facebook is going to offer the shares to the public, it met with its bankers and underwriters and came to the conclusion that $38 will be the price. everyone wants to know why this price went higher. it went higher, because there is strong demand. facebook executives have been going around the country and pitching the ipo to potential investors. they found more people want it. the more that want it, the more you can sell it for. in fact, one investor said the response to this ipo, john, has been nothing short of pandemonium. >> given the interest, the initial wave goes out to institutional investors. does the average joe have any chance of paying $38 or somewhere near there? >> honestly, good luck. you have to remember, what's happ
a record for a tech company and the third largest ipo in the united states. allis allis allison kosik. >> not coming as a huge surprise. facebook had priced range of the shares between $28 and $35. this year, facebook went ahead and told the s.e.c., we are going to put that price range between $34 and $38. today, on the eve of when facebook is going to offer the shares to the public, it met with its bankers and underwriters and came to the conclusion that $38 will be the price. everyone...
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Jan 29, 2011
01/11
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in fact, there is a certain simmering resentment at the united states. for instance, one young man came up to me and he showed me the tear gas canisters that have been so liberally used over recent days. and it said made in the usa. and they all point that out. and we must -- i mean if you look at modern middle eastern history, in terms of potential setbacks for american policy in the middle east you can only -- the only comparison is the fall of the shah of iran in 1979 in terms of political significance. egyptian people don't have the well of resentment that the iranians did as a result of u.s. support for the shah, but there is intense awareness that the united states and one president after another were always enthusiastic backers of president hosni mubarak. >> dan, thank you so much. we'll check back with you later. that tear gas canister could be a powerful metaphor for what this revolution turns into. we'll be back with you in a bit. >>> now we turn to the sister of steven grieves who has not heard from his daughter courtney since thursday morning
in fact, there is a certain simmering resentment at the united states. for instance, one young man came up to me and he showed me the tear gas canisters that have been so liberally used over recent days. and it said made in the usa. and they all point that out. and we must -- i mean if you look at modern middle eastern history, in terms of potential setbacks for american policy in the middle east you can only -- the only comparison is the fall of the shah of iran in 1979 in terms of political...
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May 26, 2012
05/12
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states, you don't run a private equity firm. this is a totally different deal. it's totally public versus being private. >> okay. >> it's a whole different job description. >> let me bring in joe the vice president crossing joe the plumber. when the vice president joe biden weighed in on the issue this week. listen, guys. >> your job as president is to promote the common good. that doesn't mean the private equity guys are bad guys. they're not. but that no more qualifies you to be president than being a plumber. >> all right. will private equity firms like bane, they're not about creating profits. they're about creating -- they're not about creating jobs, they're about creating profits. that's what private enterprise does and then the theory i guess is that at the end of that there are jobs that are created. why is romney's time at bain capital relevant to this election? >> well, first of all, let me explain this also. the road to hell is paved with good intentions. jobs are not the intention of private equity. profits are. and
states, you don't run a private equity firm. this is a totally different deal. it's totally public versus being private. >> okay. >> it's a whole different job description. >> let me bring in joe the vice president crossing joe the plumber. when the vice president joe biden weighed in on the issue this week. listen, guys. >> your job as president is to promote the common good. that doesn't mean the private equity guys are bad guys. they're not. but that no more qualifies...
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May 24, 2012
05/12
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CNN
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how does israel or the united states know? >> well, i don't think we have -- >> art, go ahead. >> i'm sorry. we really know through a combination of factors. of course, to the extent you can, you get -- you get inspectors to look at the facilities that are publicly declared. that tells you something. around -- and really you get most of your information by watching what falls into a program. in the same way astronomers figure out what's in a black hole by figuring out what falls into it that's the way you map out what's going on in a weapons program. you do try to recruit human spies but iranian nuclear physicists do not grow on trees. so most of the information you get you get from a combination of inspections, signals intelligence and other forms of intelligence. but we do have a fairly good read on that they're doing simply because nuclear weapons require industrial scale facilities. those are pretty hard to hide. >> right. i guess the other question then would be in terms of how far they're going with enrichment, this is a
how does israel or the united states know? >> well, i don't think we have -- >> art, go ahead. >> i'm sorry. we really know through a combination of factors. of course, to the extent you can, you get -- you get inspectors to look at the facilities that are publicly declared. that tells you something. around -- and really you get most of your information by watching what falls into a program. in the same way astronomers figure out what's in a black hole by figuring out what...
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Nov 23, 2010
11/10
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now he's called one of mexico's most vicious drug lords and heats coming home to the united states. "crime and punishment." >>> and our cnn heroes, a "ac 360" exclusive. the heroes in the mine. miners and rescuers sit down with anderson. that's the big 360 interview. >>> and tonight, "keeping them honest." new information and if you're already unhappy about the enhanced pat-downs at the airport tore fancy new x-ray machines you're not going to like this one bit. new research due out this week suggesting that many of these gadgets now at about 70 airports around the country, cost about $170,000 a pop, they're put there to stop the next underwear bomber. well, they simply won't do what they promise. they won't detect the kind of bomb the terrorists are using these days. what's more, there's a government accountability office report from back in march raising doubts about the scanners. back in march. and on top of all that, we learned of another report. a report on real-life testing of how well or how poorly the bomb detectors work. you want to know the bottom line? so would we but we
now he's called one of mexico's most vicious drug lords and heats coming home to the united states. "crime and punishment." >>> and our cnn heroes, a "ac 360" exclusive. the heroes in the mine. miners and rescuers sit down with anderson. that's the big 360 interview. >>> and tonight, "keeping them honest." new information and if you're already unhappy about the enhanced pat-downs at the airport tore fancy new x-ray machines you're not going to...
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it's always a pleasure to see manufacturing numbers go up in the united states, because for about 15 years we saw them going down. in january, 50,000 manufacturing jobs added. leisure and hospitality, 44,000 jobs added. some of that has to do with, as you said, climate, some of it has to do with currencies and where people are traveling to the united states from. retail trade was up 10,500. we almost thought we would see fewer retail jobs added post christmas. health care jobs which have continued every single month even through the recession, we added health care jobs, 31,000. and mining jobs were up 10,000. these are just a sampling, but generally speaking it was broadly spread. the question you mentioned it in your first response, is this kind of stuff sustainable? >> that's what's interesting. some of the leisure stuff was seasonal, construction was seasonal. manufacturing, a lot of it auto related and machinery. the good news of that is there is some onshoring going on and we're actually building up machinery for that. also machinery for those mining jobs. natural gas, we need m
it's always a pleasure to see manufacturing numbers go up in the united states, because for about 15 years we saw them going down. in january, 50,000 manufacturing jobs added. leisure and hospitality, 44,000 jobs added. some of that has to do with, as you said, climate, some of it has to do with currencies and where people are traveling to the united states from. retail trade was up 10,500. we almost thought we would see fewer retail jobs added post christmas. health care jobs which have...
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May 23, 2012
05/12
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CNN
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the united states. my childhood sweetheart. a man that all of you know is "outfront." >>> i'm erin burnett. "outfront" tonight, dive bombing the carcass. it's just an image that makes me think of the field growing up, dead deer, entrails everywhere, buzzards coming in with their ugly little red bobbles. that's what it looks like for facebook. at least three lawsuits filed in connection to the facebook ipo. plus investigations by the securities and exchange commission and the massachusetts secretary of the commonwealth. of course, public embarrassment. headlines like these on the front pages. the best one today went to cnn money. bumpy start just got a little worse. inside facebook's fumble was from "the wall street journal" and "the washington post" called it a debacle. here's where the stock closed today, at $32 a share. down $10 from where it opened on ipo morning at $42. that means it's lost a quarter of its value since it opened. that is pretty stunning. and you say how? how could one of the most anticipated offerings in am
the united states. my childhood sweetheart. a man that all of you know is "outfront." >>> i'm erin burnett. "outfront" tonight, dive bombing the carcass. it's just an image that makes me think of the field growing up, dead deer, entrails everywhere, buzzards coming in with their ugly little red bobbles. that's what it looks like for facebook. at least three lawsuits filed in connection to the facebook ipo. plus investigations by the securities and exchange...
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Aug 25, 2013
08/13
by
CNN
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when the president of the united states has to be briefed on a situation, you know it's a huge deal. and it did not help investor confidence at all. matt mccall is the president of the financial group. nasdaq nightmare put everyone's retirement at risk. how big a deal is it when a major american exchange goes down for three hours? >> it's a huge deal. there is no update during the three hours p traders are freaking out. more importantly, the individual investor at home turned on the news at night and they saw the headline the nasdaq shut down. there's already this lack of n confidence in the financial markets of the individual investor. this just adds to it. now people sitting a home, i don't know if i can trade my stocks during the day, i don't trust anybody, i don't trust wall street already, now this happens. do i get out of the market completely because i don't trust the testimony system. this is a much bigger situation people think. >> is it the rise of the machines, electronic trading, whether it's high speed traders or high-tech exchanges. humans just can't monitor the risk? >
when the president of the united states has to be briefed on a situation, you know it's a huge deal. and it did not help investor confidence at all. matt mccall is the president of the financial group. nasdaq nightmare put everyone's retirement at risk. how big a deal is it when a major american exchange goes down for three hours? >> it's a huge deal. there is no update during the three hours p traders are freaking out. more importantly, the individual investor at home turned on the news...
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Dec 16, 2010
12/10
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spent on facebook. 70% of facebook users live outside the united states. look at this. 1 million, right, facebook users in 2004. look at this growth, bang, 500 million now. look at that growth over six years from 1 million to 500 million. that is extraordinary. who is mark zuckerberg? born in 1984 in new york state. star wars themed bar mitzvah. as a 19-year-old sophomore at harvard, he die seeded to -- what do we make of this pick? that's a great praise to start this conversation. with piers morgan and sam donaldson. mark zuckerberg, 26 years old. facebo facebook. good choice? >> very good choice. in terms of significance and the influence that he has had on the whole planet, it's been pretty extraordinary. i mean, i've got on to facebook and just joined twitter. when you see the empowerment that he and people that run these kind of social network sites have given the pushgs ordinary members of the public, it's really quite remarkable. i think it's a good thing. i think it's empowered everybody. it's enriched people's lives. people are having more convers
spent on facebook. 70% of facebook users live outside the united states. look at this. 1 million, right, facebook users in 2004. look at this growth, bang, 500 million now. look at that growth over six years from 1 million to 500 million. that is extraordinary. who is mark zuckerberg? born in 1984 in new york state. star wars themed bar mitzvah. as a 19-year-old sophomore at harvard, he die seeded to -- what do we make of this pick? that's a great praise to start this conversation. with piers...
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May 20, 2012
05/12
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CNN
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that's around three times the total population of the united states. facebook's user base has quadrupled four times over the last three years. facebook has 100 billion friendships. users leave 2 billion likes and comments each day, 2.7 billion, actually. facebook is also the world's largest photo sharing site. users upload 250 million photos every day. all that data allows facebook to offer highly targeted advertising. in 2009, facebook made 98% of its money from ad sales. that dropped to 85% last year, $3.7 billion. sounds like a lot, but facebook makes less than $5 per user each year. google makes more than four times that amount. so facebook needs to convince investors that it can turn users into money. davemorin was an early member of the facebook team. he's the co-inventor of the facebook platform and facebook connect. before that he worked as a marketing manager at apple. dave, back. facebook needs to continue adding new users or get more money out of each user. we know the company plans to tap into the mobile ad market, but how does post-ipo fac
that's around three times the total population of the united states. facebook's user base has quadrupled four times over the last three years. facebook has 100 billion friendships. users leave 2 billion likes and comments each day, 2.7 billion, actually. facebook is also the world's largest photo sharing site. users upload 250 million photos every day. all that data allows facebook to offer highly targeted advertising. in 2009, facebook made 98% of its money from ad sales. that dropped to 85%...
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Oct 20, 2012
10/12
by
CNN
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look, the united states cannot compete if our workers cannot perform these jobs. we all agree on that, and our middle class cannot recover if americans are not hired for these jobs. here's what we need. better k-12 education with a better emphasis on science, math and engineering. we need programs that work and are targeted and efficient, not tangled in bureaucracy, and we need companies to invest. if you can't attract the best candidates, offer a higher wage. if you can't find the workers, then train them. last week four big companies formed a new coalition to train 15,000 of our veterans to work in advanced manufacturing. general will be, often criticized as a major outsorcerer of american jobs, it will invest $6 million in the program. we'll be watching to make sure this is a real effort and not just an exercise in public relations. there are 23 million potential workers for you, corporate america. the unemployed and the underemployed. the workers are there. it's your move. >>> coming up -- >> it's called pincer. >> pinterest. >> do you own a small business? wh
look, the united states cannot compete if our workers cannot perform these jobs. we all agree on that, and our middle class cannot recover if americans are not hired for these jobs. here's what we need. better k-12 education with a better emphasis on science, math and engineering. we need programs that work and are targeted and efficient, not tangled in bureaucracy, and we need companies to invest. if you can't attract the best candidates, offer a higher wage. if you can't find the workers,...
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Nov 18, 2010
11/10
by
CNN
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his parents brought him from mexico to the united states when he was three. after he was elected student body prez, someone tipped off the school and the secret is out. the school called ab 540, undocumented immigrants may pay instate tuition if they meet certain requirements, and they may run for student office as well. pedro hasn't broken any laws, and the school president is on his side. he said pedro filed all of the right paper work, was up front with them about his status is serving without pay. he says, i commend mr. ramirez and other students who are following state statute as they seek higher education. some students are upset that he wasn't transparent about his status when he ran for office. this is what the guy who pedro beat had to say. >> he misled the students, was not up front about it and no one knew about it. i think he should step down and have a re-election. >> now, paid destroy a worried about being deported and worried about his family. he is calling on congress to make his path to citizenship less of a hardship. pedro joins us by phone
his parents brought him from mexico to the united states when he was three. after he was elected student body prez, someone tipped off the school and the secret is out. the school called ab 540, undocumented immigrants may pay instate tuition if they meet certain requirements, and they may run for student office as well. pedro hasn't broken any laws, and the school president is on his side. he said pedro filed all of the right paper work, was up front with them about his status is serving...
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May 17, 2012
05/12
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states government. i have paid and will continue to pay any taxes due on everything i earned while a u.s. citizen, but look at the last line, everything i earned while a u.s. citizen. what about anything he earns meaning sales of his shares when he is not a u.s. citizen? that is what is at issue here. >> congress wants to do something about this or some people in congress want to do something about this? >> that's right. today two democratic senators released legislation that they're pushing to try to make sure that taxes are paid and the specifics are that wealthy americans like saverin renouncing citizenship would be required to pay 30% capital gain taxes on u.s. investments and if they didn't pay that they would be barred from the u.s. and couldn't come back into the u.s. listen to the way the senator schumer described it. >> if you renounce your citizenship to avoid paying taxes you can't step foot in america again and any investments you have in america will be taxed in the future at 30%. under cur
states government. i have paid and will continue to pay any taxes due on everything i earned while a u.s. citizen, but look at the last line, everything i earned while a u.s. citizen. what about anything he earns meaning sales of his shares when he is not a u.s. citizen? that is what is at issue here. >> congress wants to do something about this or some people in congress want to do something about this? >> that's right. today two democratic senators released legislation that...
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Nov 24, 2009
11/09
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CNN
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the median price of an existing home in the united states, that's a used home, if you will, is about $173,000 right now. that is down way more than 20% since the peak, but there are a lot of estimates that while home prices will continue to go down over the course of the next year, low-interest rates, low home prices, and this first-time home buyer's credit from the government, if it continues, make this a good time to buy. interest rates right now for a conforming mortgage, one under $417,000 for most of the country, a 30-year mortgage and 20% down, 4.83%. >> ali velshi, thank you. >>> trouble continuing for mark sanford, the governor whose affair with an argentinian lover exploded last year into an international scandal is now facing 37 ethics charges. the civil charges for misuse of campaign money and budget travels carry a maximum of $74,000 in fines. the state attorney general is also weighing whether or not to pursue criminal charges. >>> coming up, toxic danger made in china. homeowners forced to pick their homes or their health. >>> also, getting de-friended on facebook may n
the median price of an existing home in the united states, that's a used home, if you will, is about $173,000 right now. that is down way more than 20% since the peak, but there are a lot of estimates that while home prices will continue to go down over the course of the next year, low-interest rates, low home prices, and this first-time home buyer's credit from the government, if it continues, make this a good time to buy. interest rates right now for a conforming mortgage, one under $417,000...
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officials before flying back to the united states. he was arrested after crossed the border into north korea from china and a state department spokesperson says washington did not make any deals with pyongyang to get park released. >>> well, tea, anyone? having it in nashville. hundreds of folks gathering for the national tea party convention. the first of its kind. sarah palin is tonight's keynote speaker. and tickets just to see her running about $350 for the evening. palin says the money she's earning, which is reportedly around $100,000, says she's not going to pocket that. that was going to go back to the cause as she put it. a lot of you don't really have $350 to spend to go see her. can't get there, so you don't need a ticket. you can tune in right here. you can see her keynote address, sarah palin right here on cnn. that coverage starts around 9:00 eastern time. >>> well, they are billing this as one of the largest storms on record. a blizzard just pounding the mid-atlantic states. forecasters say the d.c. area specifically, i
officials before flying back to the united states. he was arrested after crossed the border into north korea from china and a state department spokesperson says washington did not make any deals with pyongyang to get park released. >>> well, tea, anyone? having it in nashville. hundreds of folks gathering for the national tea party convention. the first of its kind. sarah palin is tonight's keynote speaker. and tickets just to see her running about $350 for the evening. palin says the...
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81
Jul 28, 2012
07/12
by
CNN
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united states government wants to indict one of the banks, boom, economy over. >> sandy while, you heard it already. he is a former ceo of citigroup. a poster child for too big to fail. he agrees. he says he wants to break the banks up. listen to what he has to say. >> so i think what we should probably do is go and split up investment banking from banking and have banks do something that's not going to risk the taxpayer dollars. that's not going to be too big to fail. >> he's talking about the volker rule. very weird. strangely, he said he is making no further comment than that interview he did. what do you make of that sea change? >> i think there is just this growing recognition that we have to break up the banks in order to have a better economy. better off for shareholders and investors. >> does anybody suffer? don't bankers still make lots of snn. >> under this current model, the too big to bank and the executives make more money because they get what's essentially a subsidy from the assumption that they'll be guaranteed. they get this immunity from prosecution to a certain extent
united states government wants to indict one of the banks, boom, economy over. >> sandy while, you heard it already. he is a former ceo of citigroup. a poster child for too big to fail. he agrees. he says he wants to break the banks up. listen to what he has to say. >> so i think what we should probably do is go and split up investment banking from banking and have banks do something that's not going to risk the taxpayer dollars. that's not going to be too big to fail. >> he's...
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Nov 23, 2010
11/10
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CNN
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he was captured in mexico and is facing extradition to the united states. >>> plus a cnn heroes ac exclusive. anderson talks to the rescued miners. those stories and much more at the top of the hour. now back to "larry king live." >>> this kind of exercise is very common in that area. >> we understand that the president and his advisors a s meeting discussing whps going forward. that pretty much describes and talks about how severe the situation really is. >> this is a serious situation, even to south koreans, this is a very different level of threat, to the best of my knowledge, there's been no exchange of artillery fire since the end of the korean war in 1953. as you said t president and his top ministers and his security advisors are conferencing in the blue house bunker. they've got a strategic control room there. they have put out a couple of messages urging a stern response but also to try not to es can late this any further. so they're caught rather twine a rock and a hard place. also according to some places, the south koreans are planning to take this to the united nations demanding
he was captured in mexico and is facing extradition to the united states. >>> plus a cnn heroes ac exclusive. anderson talks to the rescued miners. those stories and much more at the top of the hour. now back to "larry king live." >>> this kind of exercise is very common in that area. >> we understand that the president and his advisors a s meeting discussing whps going forward. that pretty much describes and talks about how severe the situation really is....
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Feb 10, 2013
02/13
by
CNN
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that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> sequester, it's the second mini cliff that came out of the last-minute fiscal cliff deal at the end of last year. when congress first agreed to the sequester as part of the deal to end the debt ceiling fight in 2011. it was considered to be such bad policy that it would have forced both parties to agree do a much smarter deficit reduction plan. ha ha ha. that didn't happen. they just extended the deadline from new year's to march 1. if congress does nothing, a series of across-the-board cuts takes effect. hitting the defense budget along with things like education, aviation safety, the fda, food inspections. imports. just about everything you can think of. take look at this. it would lower the point is to lower our $16 trillion national det. but even the threat of l
that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> sequester, it's the second mini cliff that came out of the last-minute fiscal cliff deal at the end of last year. when congress first agreed to the sequester as part of the deal...
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May 12, 2012
05/12
by
CNN
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the other point i'd like to make is the least regulated countries -- >> i agree. >> the united states, the u.k. and iceland, so let regulation is riskier. >> i love an iceland mention. >> yeah. i'm not going to defend iceland here. when you have so many regulators looking at the banks -- >> we agree there. >> transactions, these kind of things continue. i mean, look, the one thing we have to make sure we don't do is continue to bail out banks when they make bad decisions because i think that's the ultimate safety net and hammock for bad decisions. >> let me put this to you then. what we have here in the introduction. jp morgan is 40% bigger than before the crisis. if it was too big to fail them, we'll have to bail them out then. >> i don't believe that big is necessary bad. the only reason that big is bad when it comes to banks is because the impulse is to bail them out when they get this big. are we going to bail out every fortune 500 company if there's losses? >> what about breaking up the banks? what do you think about that? what do you think about breaking up the big four? what's
the other point i'd like to make is the least regulated countries -- >> i agree. >> the united states, the u.k. and iceland, so let regulation is riskier. >> i love an iceland mention. >> yeah. i'm not going to defend iceland here. when you have so many regulators looking at the banks -- >> we agree there. >> transactions, these kind of things continue. i mean, look, the one thing we have to make sure we don't do is continue to bail out banks when they make...
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and it appears that the united states nailed the attack. chris lawrence is at the pentagon. usual official confirming to us that cia drone strike talk him out in a lawless part of yemen. this was a man on the fbi's most wanted list with a $5 million bounty on his head. someone the u.s. has been very, very interested in getting. >> apologies. i thought you were going to a piece of sound there. we've been talking about drone strikes. ainge lot of people understand there. is this going to become another pakistanish problem? >> not really. it looks like the exact opposite. in have been 15 drone strikes this year. and the offensive is really starting to ramp up for several reasons. one is the president seems very commitmented to going after al qaeda and supportive of u.s. drone strikes. the cia got authorization to product drone strikes even if they're not sure of the target's identity. so it's given the u.s. more leeway to conduct some of these drone strikes. and when you look at what koubt terrorism officials say about the al qaeda group in yemen that it's the most direct threa
and it appears that the united states nailed the attack. chris lawrence is at the pentagon. usual official confirming to us that cia drone strike talk him out in a lawless part of yemen. this was a man on the fbi's most wanted list with a $5 million bounty on his head. someone the u.s. has been very, very interested in getting. >> apologies. i thought you were going to a piece of sound there. we've been talking about drone strikes. ainge lot of people understand there. is this going to...
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. >> what would an israeli strike on iran mean for the united states? >> i think it would be a significant blow back. the iranians, you can continue on them hitting us in iraq, hitting our industry there. and i think undoubtedly within the borders of this country. >> you think they would strike back to the united states? >> oh, yes. there was somebody in iran who was sponsoring this, whether it was the supreme leader, it or not, what makes sense is to hit the united states where it can. and that would include airliners anywhere. a machine like this on the defense takes actions that are i think are irrational. but they will do it. how complex an operation is this? >> keep in mind there's two different perspectives, i agree with what was stated so far, that one, there is some disinformation possibly being put out, either to dissuade iran, or to try to keep tabs on israel. and i do believe whatever happens, there will be tremendous blow back either through hezbollah or the republican guards that have iran hats but there's always windows of opportunity and
. >> what would an israeli strike on iran mean for the united states? >> i think it would be a significant blow back. the iranians, you can continue on them hitting us in iraq, hitting our industry there. and i think undoubtedly within the borders of this country. >> you think they would strike back to the united states? >> oh, yes. there was somebody in iran who was sponsoring this, whether it was the supreme leader, it or not, what makes sense is to hit the united...
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Mar 19, 2012
03/12
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that was an extraordinary comment for someone who wants to be president of the united states to make, i thought. "i'm not concerned about the poor." whatever came afterwards or whatever context he was trying to put it in, it sounded bad. >> it sounded bad, and i hate to say, it sounded very naive. for so long have i not been saying, the rich are getting richer, the poor are getting poorer and the middle class is disappearing. so he says he's concerned about the middle class. what middle class are we talking about? as we sit here, there are about 50 million people in poverty. what does that mean? that means a family of four making $22,000 a year or less. there's almost 150 million people that are in poverty, near poverty, are that close to it. so almost one out of two, one out of three people in the united states of america are edging in poverty. and he's saying he doesn't -- he's not concerned! he should have thought it, piers, but he never should have said it, if he even thought it. but it's a ridiculous thought. >> doesn't it sum up mitt romney's big problem, which is this sense tha
that was an extraordinary comment for someone who wants to be president of the united states to make, i thought. "i'm not concerned about the poor." whatever came afterwards or whatever context he was trying to put it in, it sounded bad. >> it sounded bad, and i hate to say, it sounded very naive. for so long have i not been saying, the rich are getting richer, the poor are getting poorer and the middle class is disappearing. so he says he's concerned about the middle class....
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. >> i'm mitt romney, i believe in america, and i'm running for president of the united states. >> you've heard what mitt romney says about president obama. >> barack obama has failed america. what he did did not help the economy get out of the slide it was in. in afghanistan, the surge was right, but announcing a withdrawal date, that was wrong. >> well, tonight, i'll ask him what he'd do to fix america. what's he really think about sarah palin, and what makes him think he'll win the second time around. tonight, in the wake of weinergate, is america ready for a man who doesn't drink, doesn't do drugs, has been with the same woman since high school, and may just be the cleanest man in politics. that's mitt romney, this is "piers morgan tonight." >>> good evening. congressman anthony weiner finally confessed today, just one week after insisting a hacker had posted a lewd photo to his twitter account. the new york democrat finally admitted he had sent the photo himself and that he lied about it. >> last friday night, i tweeted a photograph of myself that i intended to send as a direct messa
. >> i'm mitt romney, i believe in america, and i'm running for president of the united states. >> you've heard what mitt romney says about president obama. >> barack obama has failed america. what he did did not help the economy get out of the slide it was in. in afghanistan, the surge was right, but announcing a withdrawal date, that was wrong. >> well, tonight, i'll ask him what he'd do to fix america. what's he really think about sarah palin, and what makes him think...
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i've got in that position with the president of the united states. i find it very hard to hold his feed to the fire if that means i have to interrupt the commander in chief. just this week i had secretary sebelius on on the very week of the launch of exchanges. i felt a little bit of that. i don't feel that way if i'm dealing with members of consequence or the senate just to carrying some ideological baggage, but i guess my honest answer is it's very difficult, the higher get in government, at least for me, to be the interrupting sword. >> so how do you prepare? what packets of facts do you walk? what's your agenda when you go into one of these interviews, on either side, left or right? i want i think you have touched on it now. the key to handling a guest who is idea logically drich is do your preparation on the front end. also to think about if that guest adds any redeeming value. the best guest i had this week on the roll-out of the exchanges was neither an r or a d, itfuls mary ago necessary carey from keizer health news. she's been a guest on my
i've got in that position with the president of the united states. i find it very hard to hold his feed to the fire if that means i have to interrupt the commander in chief. just this week i had secretary sebelius on on the very week of the launch of exchanges. i felt a little bit of that. i don't feel that way if i'm dealing with members of consequence or the senate just to carrying some ideological baggage, but i guess my honest answer is it's very difficult, the higher get in government, at...
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Feb 13, 2011
02/11
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they're not approved in the united states and being done underground illegally in the black market. >> a lot of the substances, doctor, are proving to be, you know, dangerous and toxic. and that's why people are dying. what likely went wrong in this case? >> well, more than likely they probably injected the substance into the patient's gluteal vein, one of the vessels that provides blood supply to the buttock. when you inject it into the vein, kit travel into the lungs and can you get an embolism. what is important to distinguish these fillers come in a variety of shapes. there is usually three being used. number one is silicone which is the one that is drawing a tremendous amount of light and attention in our news because silicone, there is a variety of grades of silicone can you inject. there is a very pure that we use for retinal surgery and the other silicone being injected which has a great amount of variations in terms of preservatives and quality of silicon that's there. silicone that's there. the other product that's injected is pmma which is what we use actually for resurfaci
they're not approved in the united states and being done underground illegally in the black market. >> a lot of the substances, doctor, are proving to be, you know, dangerous and toxic. and that's why people are dying. what likely went wrong in this case? >> well, more than likely they probably injected the substance into the patient's gluteal vein, one of the vessels that provides blood supply to the buttock. when you inject it into the vein, kit travel into the lungs and can you...
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Apr 24, 2011
04/11
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the united states? and i think you've seen the u.s. kind of say, listen, you have some of these assets. you're the ones that really were pushing to go to the europeans to go into libya, and they think it's healthy for the europeans to see what it's like to lead. the u.s. is leading in iraq, the u.s. is leading in afghanistan, and the rest of the world knows if they're not going to pick up the slack, the u.s. is going to do it. the u.s. is saying, okay, you try to see what it's like to be a leader. >> so does this say something about the u.s.'s white house strategy on foreign policy, or is this really a result of a ripple effect? you have problems in one country in this region and it ripple to see its neighbor? >> they're trying to deal with so many issues, fred, at once and trying to juggle so many countries. it's kind of like that game at the carnival, whack-a-mole. where are the violations the strongest? where is the community? the u.s. is trying to ride that wave by trying to balance its u.s. nationa
the united states? and i think you've seen the u.s. kind of say, listen, you have some of these assets. you're the ones that really were pushing to go to the europeans to go into libya, and they think it's healthy for the europeans to see what it's like to lead. the u.s. is leading in iraq, the u.s. is leading in afghanistan, and the rest of the world knows if they're not going to pick up the slack, the u.s. is going to do it. the u.s. is saying, okay, you try to see what it's like to be a...
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what is the big concern for investors here in the united states? >> well, it brings that word uncertainty back in the market. a change in government during a debt crisis makes for a lot of uncertainty. we have a new leader in france who wants to change policy. hollande isn't a fan of os terty measures or spending cuts which we've been talking about for months in the european sooen. -- zone. it futs the franco-german relationship into jeopardy. hollande favors spend iing to create jobs. and that's going to increase their debt. >> thank you so much. appreciate it. don't forget, you can watch cnn live on your computer. cnn news room is continuing right now with banfield. >> let's start with rapid fire. let's go. here's how it starts. security officials saying militants attacked when 26 soldiers were killed and another 16 hostage. militants also escaped with weapons, armored vehicles and tanks as well. one was killed yesterday in a car bombing. he was wanted for the u.s.s. cole coming back in 2000. officials are looking for a mother and three daughters
what is the big concern for investors here in the united states? >> well, it brings that word uncertainty back in the market. a change in government during a debt crisis makes for a lot of uncertainty. we have a new leader in france who wants to change policy. hollande isn't a fan of os terty measures or spending cuts which we've been talking about for months in the european sooen. -- zone. it futs the franco-german relationship into jeopardy. hollande favors spend iing to create jobs....
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could have been president of the united states and we're talking about sex tapes. >> nasty. sordid and embarrassing and, yikes. of course, you know, people are going to be glued to their television sets, unless they're in miami and going to the super bowl. >> right. >> rooting for either the saints or colts. >> yes. >> people also will be rooting for the best commercial or not? >> i love it. love it. >> talking about the commercials and excitement over such. do you watch the game for the game or watch it for the commercials and half time? >> for the game. >> we all know what i'm watching it for. >> i like the commercials. i do. >> a lot of fun. i'll be watching a little bit too. you got to. you got to watch the super bowl game. >> it's pretty much a holiday. >> i'll watch a little on television. not going to watch the whole game. >> all right. >> all i got to say. got to be honest. >> we know your whole weekend now. >> i'm an open book. tell you everything. >> thank you so much. see you in a few. >> thanks, fred. >>> all right. well, we're also talking about a birthday celeb
could have been president of the united states and we're talking about sex tapes. >> nasty. sordid and embarrassing and, yikes. of course, you know, people are going to be glued to their television sets, unless they're in miami and going to the super bowl. >> right. >> rooting for either the saints or colts. >> yes. >> people also will be rooting for the best commercial or not? >> i love it. love it. >> talking about the commercials and excitement over...
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Oct 21, 2012
10/12
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states. we're allowing allies in the region to provide weapons but we are not going to go there. while mitt romney is saying he would be willing to work with the rebels and share our values. so he's willing to take a more muscular approach. and that's where we're seeing a difference between the two candidates. on each one of these issues, we see romney taking a more muscular approach, a stronger leadership role and a possibility that he could go it alone, compared to president obama. you have seen him trying to work with allies to build coalitions and to try to lead as he -- some of his advisors have said from behind, this phrase is coming back to haunt him as in libya, which could have been interpreted as a success story deposing a dictator there, without the loss of american lives or sending u.s. troops there. but because of what we have seen happen in beirut, this is not a possibility for them. >> and it will be very interesting to see how all this plays out because events are breaking eve
states. we're allowing allies in the region to provide weapons but we are not going to go there. while mitt romney is saying he would be willing to work with the rebels and share our values. so he's willing to take a more muscular approach. and that's where we're seeing a difference between the two candidates. on each one of these issues, we see romney taking a more muscular approach, a stronger leadership role and a possibility that he could go it alone, compared to president obama. you have...
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Oct 25, 2010
10/10
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that's where elections are determined in the united states. and they'll have their foot soldiers out there. and that'll make a difference in how many house seats the republicans do in the end obtain. >> stephen moore, welcome back to the program. >> hi, christine. >> in 2009, the number of unionized government workers surpassed those in the private economy for the first time. clearly the balance of power here has changed. what does it mean for the midterm election and their lobbying power going forward? >> well, first of all, that's a great chart. and another statistic that is of interest is that less than 8% of the private sector workers now, christine, are members of unions. so unions are now public sector unions. and when you talk to this issue about campaign spending by the unions, i don't have a problem if the teamsters are spending money on political ads. i do have a problem with public sector employee unions doing that. because essentially you've got government unions getting government money and spending that money for political purpos
that's where elections are determined in the united states. and they'll have their foot soldiers out there. and that'll make a difference in how many house seats the republicans do in the end obtain. >> stephen moore, welcome back to the program. >> hi, christine. >> in 2009, the number of unionized government workers surpassed those in the private economy for the first time. clearly the balance of power here has changed. what does it mean for the midterm election and their...
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Apr 28, 2012
04/12
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united states -- >> you get the idea. do that for multiple cities. it's a great trick. >> siri can also dictate e-mails and text messages. really, how accurate is very ac. the technology from nuance, the dragon naturally speaking folks. when you don't know, dictating an e-mail, specify the person, the subject line and the body of the e-mail all in one fell swoop. for example, e-mail my wife about the party and say, don't fwergt to pick up a bottle of wine. thanks. so it's going to know that my wife is kelly. it's going to put in the subject line, party. and then in the body of it. so, here -- it shows you what it says. don't forget to pick up the bottle of wine for this evening. smart you can do that in one voicemail, if you will. >> even though siri wasn't designed to work with facebook or twitter, you found a way to do it. didn't you? >> this is one of my favorite tricks. all you need to do is set up the text messaging option for facebook and twitter, both offer it. you want to tweet a moefg essag update your status, text for facebook. text hello t
united states -- >> you get the idea. do that for multiple cities. it's a great trick. >> siri can also dictate e-mails and text messages. really, how accurate is very ac. the technology from nuance, the dragon naturally speaking folks. when you don't know, dictating an e-mail, specify the person, the subject line and the body of the e-mail all in one fell swoop. for example, e-mail my wife about the party and say, don't fwergt to pick up a bottle of wine. thanks. so it's going to...
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Dec 15, 2009
12/09
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that walkout and a spat between the united states and china, just the latest in a series of setbacks at the conference. becky anderson is in copenhagen with the story of what, if anything, has been achieved so far. becky? >> reporter: this summit kicked off seven days ago with a toxic shock that was climategate, affecting the atmosphere here for, i don't know, a day or so. we thought we had gotten over it until we got what was dubbed the danish tapes. that was polluting for another four or five days. we got through the end of last week really believing that the difficulties would be over. it was a shocker of a first week for delegates here, and negotiators. we get to monday, leaders are on their way, just a couple of days away. prime minister of britain is on his way here tomorrow. what do we get today? you couldn't make it up. we had a significant walkout, a boycott by the developing nations, led by the big boys, china, india, brazil and south africa. i couldn't tell you what i would bet by the end of this week. the sense is the divisions are still extremely deep between rich and po
that walkout and a spat between the united states and china, just the latest in a series of setbacks at the conference. becky anderson is in copenhagen with the story of what, if anything, has been achieved so far. becky? >> reporter: this summit kicked off seven days ago with a toxic shock that was climategate, affecting the atmosphere here for, i don't know, a day or so. we thought we had gotten over it until we got what was dubbed the danish tapes. that was polluting for another four...
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May 23, 2012
05/12
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al qaeda apparently intent on waging an electronic jihad against the united states. an al qaeda video obtained by the fbi last year has just been made public. that video calls for cyberattacks against our government computer systems and critical infrastructure including our electrical grids. the video compares vulnerabilities to u.s. computer networks with flaws that existed in aviation security before the attacks of 911. >>> tragic end for the search of a missing harvard business school student. the body of 31-year-old nathan bihlmaoier was recovered yesterday. police say there's no sign of foul play. they'll conduct an autopsy to determine the cause of death. >>> former first lady nancy reagan slowly recovering from broken ribs this morning. the announcement was made yesterday at the reagan presidential library in simi valley where she was expected to attend a speech. mrs. reagan suffered the injury in a fall in her home six weeks ago we're told. the former first lady is 90 years old. >>> hundreds of thousands of minorities are missing from the latest u.s. census c
al qaeda apparently intent on waging an electronic jihad against the united states. an al qaeda video obtained by the fbi last year has just been made public. that video calls for cyberattacks against our government computer systems and critical infrastructure including our electrical grids. the video compares vulnerabilities to u.s. computer networks with flaws that existed in aviation security before the attacks of 911. >>> tragic end for the search of a missing harvard business...
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Nov 13, 2010
11/10
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when you're an outsider living in the united states, what is that like? what happens to you? >> everyone is picking on you. they treat you really different. like you don't belong here. >> reporter: what did you do? >> i used to fight a lot. but nowadays, i try to resolve and not fight. >> reporter: while there are refugees living all around the united states, the family is the only group combining soccer with the hope for a better future. are there other organizations that you know of like this around the country? >> no. this is it. and we get e-mails every week from people around the country and world, when are you bringing it to us? >> reporter: how many more years before you finish? >> about four more yeergs. >> reporter: and then? >> another four years. >> reporter: of? >> college. >> reporter: dr. sanjay gupta, cnn, georgia. >>> up next on cnn, a hero is sacrificing his retirement to help rebuild the lives of wounded war limits. an olympic gold medalist introduces us to him. and then we'll talk to him live. there he is right there. fiber one chewy bar. how'd you do that?
when you're an outsider living in the united states, what is that like? what happens to you? >> everyone is picking on you. they treat you really different. like you don't belong here. >> reporter: what did you do? >> i used to fight a lot. but nowadays, i try to resolve and not fight. >> reporter: while there are refugees living all around the united states, the family is the only group combining soccer with the hope for a better future. are there other organizations...
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Dec 29, 2011
12/11
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well, if you look at the constitution of the united states, it says that cob spends the money. and what happened was that earmarks were abused. not mine but others that did abuse the earmark process. and when that became evident and the public was upset about this and saw this as a real disqualifier that shouldn't be done anymore, i said, you know what? if the public is saying that congress should. be doing this anymore, i'll go along with it. >> senator, tell me. looking at you now, you've had a great uptick in the polls to third. it looked like you might get one of those three tickets out of iowa, you say. but what makes you not the soup du jour as so many of your predecessors have who have seen sparks in their campaign only to go back on the road to mitt romney? >> you know, this isn't my first rodeo. i've about been through very, very tough campaigns, big national scrutiny types of campaigns in the state of pennsylvania. the last few races, actually the three statewide races i ran in pennsylvania, had a national meeting konking the no, times, "washington post," et cetera, d
well, if you look at the constitution of the united states, it says that cob spends the money. and what happened was that earmarks were abused. not mine but others that did abuse the earmark process. and when that became evident and the public was upset about this and saw this as a real disqualifier that shouldn't be done anymore, i said, you know what? if the public is saying that congress should. be doing this anymore, i'll go along with it. >> senator, tell me. looking at you now,...
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May 11, 2012
05/12
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as you know, 10, 15 years ago the united states, the top ten banks of the world were not u.s. banks. we were losing competitiveness as a result of that. >> i don't know about the fact that they're not so big makes us being less competitive. i mean, i've never followed that argument, but i don't -- you know, we have zombie banks, citi and bank of america. breaking them up. sdp that a make them better? i don't any anybody knows the answer. >> do you want to break up walmart because it's successful? >> the "wall street journal" may want to break up walmart. i don't want to break walmart up. >> walmart doesn't control so many american people savings. that's the difference. >> erin, these -- that's a very good point, but don't forget, people with savings, that is depositors who put their money in the banks are not at risk when these guys make -- v. to bail ounchts systemic risk. >> chicken and egg. everyone, please let us know what you think and thanks to both of you, steve and andy. >>> next, new details about mitt romney and the accusations he attack add gay classmate in high sch
as you know, 10, 15 years ago the united states, the top ten banks of the world were not u.s. banks. we were losing competitiveness as a result of that. >> i don't know about the fact that they're not so big makes us being less competitive. i mean, i've never followed that argument, but i don't -- you know, we have zombie banks, citi and bank of america. breaking them up. sdp that a make them better? i don't any anybody knows the answer. >> do you want to break up walmart because...
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Sep 13, 2011
09/11
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the president of the united states -- someone who is running for the president of the united states and the republican party should not be parroting what osama bin laden said on 9/11. we should have -- we are not being -- we are not being attacked and we were not attacked because of our actions. we were attacked, as newt talked about, because we have a civilization that is antithetical to the civilization of the jihadists. they want to kill us because of who we are and what we stand for. we stand for american exceptional im, we stand for freedom and opportunity for everybody around the world, and i am not ashamed to do that. >> 30 second, mr. paul. >> as long as this country follows that idea, we're going to be under a lot of danger. this whole idea that the whole muslim world is responsible for this and they're attacking us because we're free and prosperous, that is just not true. osama bin laden and al qaeda have been explicit -- they have been explicit and they wrote and said that weattacked america because you have bases on our holy land in saudi arabia and you don't give islamic co
the president of the united states -- someone who is running for the president of the united states and the republican party should not be parroting what osama bin laden said on 9/11. we should have -- we are not being -- we are not being attacked and we were not attacked because of our actions. we were attacked, as newt talked about, because we have a civilization that is antithetical to the civilization of the jihadists. they want to kill us because of who we are and what we stand for. we...
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May 18, 2012
05/12
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united states? >> it is a big offense to all patriots. i've been a superintendent for 30 some years at many different park service units ross the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. how math and science kind of makes the world work. in high school, i had a physics teacher by the name of mr. davies. he made physics more than theoretical, he made it real for me. we built a guitar, we did things with electronics and mother boards. that's where the interest in engineering came from. so now, as an engineer, i have a career that speaks to that passion. thank you, mr. davies. and now it powers our latest innovation in more efficient cooling and heating. introducing the world's only solar-powered home energy system, which can cut your heating and cooling bills in half. call now to get up to 1,375 dollars
united states? >> it is a big offense to all patriots. i've been a superintendent for 30 some years at many different park service units ross the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. how math and science kind of makes the world work. in high school, i had a physics teacher by the name of...
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May 18, 2012
05/12
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>> whether it's the united states of america or britain, we are both doing really well in getting really unwell. the reality is life has changed over the last 34 years. the biggest killer in both our countries is not car crashes, not war, not homicide, not even smoking cancer even any more. it's diet-related disease. from my point of view, the last seven, eight years i spent trying to make awareness. i've got so many strands of what i do whether it's telling people how amazing food is, how simple it is and how cheap it can be and having fun to campaigning against government and trying to do documentaries to get big companies to change the things they are doing. tomorrow food revolution day is about trying to get everyone to just have fun with food. >> one of the first times i saw you you were showing a tomato to kids in school asking what it was. a lot of them had no idea. it was earth-shattering to see that. one thing you put out in your press release i couldn't believe. people will probably take note. more people die from diet-related diseases every year than from drugs, alcohol and wa
>> whether it's the united states of america or britain, we are both doing really well in getting really unwell. the reality is life has changed over the last 34 years. the biggest killer in both our countries is not car crashes, not war, not homicide, not even smoking cancer even any more. it's diet-related disease. from my point of view, the last seven, eight years i spent trying to make awareness. i've got so many strands of what i do whether it's telling people how amazing food is,...
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May 17, 2012
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CNN
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if you're in the state of california or any state in the united states $2 billion out of nothing is a big windfall. >> $2 billion is huge, and i'm sure the state treasury could ask that money. just ask the governor jerry brown. they'll come out with a price and tomorrow when the stock starts trading on the nasdaq people will see it go up or go down, there's no guarantee in this business at all that it will continue to go up. >> the price today will be what the institutional investors will buy it for. it could start trading at any time. generally speak it's around 9:30. sometimes they come out at 10:30 and 10:40 and sometimes it takes a few minutes to start trading and that's when you can put a trade in through e.trade or schwab or ameritrade account and you will pay what the market offers. you will pay up to $40 and the stock's trading at $50 you're not going to get it. you'll pay whatever it is and you're buying stock from people who bought it at the ipo price or back in the old days when they were venture capitals and they got stock in exchange. these are people who have been in the
if you're in the state of california or any state in the united states $2 billion out of nothing is a big windfall. >> $2 billion is huge, and i'm sure the state treasury could ask that money. just ask the governor jerry brown. they'll come out with a price and tomorrow when the stock starts trading on the nasdaq people will see it go up or go down, there's no guarantee in this business at all that it will continue to go up. >> the price today will be what the institutional...